Trending Energy News
Shell’s profits more than double after jump in oil and gas prices
Shell’s net profit more than doubled to $9.8bn in the second quarter as global oil and gas prices surged following Middle East disruptions, marking its second-highest quarterly earnings on record.
BP boss urges Burnham to prioritise UK oil and gas even as firm exits North Sea
BP’s chief executive urged the UK government to prioritize domestic oil and gas production even as the company prepares to exit its North Sea operations after 60 years, citing job creation and tax revenue benefits.
BP to develop offshore gasfield in Venezuela with firms linked to Trump administration
BP plans to develop an offshore gasfield in Venezuela with partners linked to the Trump administration, marking one of the first major foreign energy investments since the US-backed leadership change.
UK risks running out of gas by 2030s, ministers told
The UK faces potential gas shortages in the 2030s unless the government takes unprecedented action to support aging infrastructure, according to official assessments and consultation findings.
Sunrun Shifts Away from Affiliates to Direct Sales
Sunrun, the largest U.S. rooftop solar installer, is shifting from affiliate sales channels to direct sales, adding 1,500 representatives in the second quarter amid challenges from partner bankruptcies.
Cleveland-Cliffs Redirects Half a Billion Dollars in Clean Steel Funding to Coal at Middletown Works
Cleveland-Cliffs abandoned plans to transition Middletown Works steel mill to clean energy, redirecting $500 million in federal funding toward continuing coal-based production instead.
ICYMI: Enbridge’s Line 5 Has Another Frac Out As Reroute Challenge And Intimidation Concerns Escalate
Another drilling fluid spill occurred during Enbridge’s Line 5 reroute construction in Wisconsin, the latest in a series of incidents as legal challenges to the project proceed in court.
Hydrogen Is Still A Tonnes Market, No Matter How Many MWh We Assign To It
Global hydrogen demand surpassed 100 million tonnes in 2025, with nearly all consumption concentrated in traditional industrial uses like refining and fertilizer production rather than emerging energy applications.
UK Tax Rises Back on the Table as Burnham Faces Fiscal Crunch
UK Prime Minister Andy Burnham signals tax rises could feature in the upcoming Autumn Budget as the government confronts fiscal pressures and rising borrowing costs.
Russia Pushes Ahead With Uzbekistan Nuclear Plans Despite Money Troubles
Russia’s nuclear agency Rosatom is developing a training program for Uzbek technicians despite ongoing financing difficulties affecting its reactor construction projects.
Only 7% of Global Green Hydrogen Capacity Was Finished on Schedule
Only 7% of planned green hydrogen projects were completed on schedule globally, with implementation challenges extending from California’s transportation sector to industrial applications worldwide.
Shell’s profits more than double after jump in oil and gas prices
Shell’s net profit more than doubled to $9.8bn in the second quarter as oil and gas prices surged following Middle East disruptions, marking its second-highest quarterly earnings on record.
China Is Making More Aluminum. Its Emissions May Still Be Peaking.
China’s aluminum production rose 2.4% in 2025 and 3.8% in early 2026, complicating earlier predictions that emissions had peaked. Cleaner electricity sources and recycling improvements may allow the sector to reduce emissions while maintaining high output levels.
Q&A: What Does China’s 15th Five-Year Plan for Coal Mean for Climate Action?
China published a five-year coal development plan covering 2026-2030 that emphasizes coal’s role in energy security without setting a specific deadline for peaking coal consumption, reflecting broader priorities around energy stability.
China’s Solar Industry Slows Down Due to Industry Pressures
China’s solar industry is decelerating after years of rapid expansion, facing manufacturing overcapacity, market-based pricing shifts, and slower installation rates despite maintaining global manufacturing dominance.
Why Libya’s Next Oil Pipeline Could Be a Geopolitical Game-Changer
Egypt and Libya are actively discussing a proposed 800-kilometer crude oil pipeline connecting Tobruk to Alexandria, with over $1 billion in estimated costs, though financing and final capacity remain undecided.
U.S. Shale Majors Cut Spending Despite Higher Oil Prices
Major U.S. shale oil producers are reducing capital spending and prioritizing debt reduction and shareholder returns despite elevated global oil prices, threatening future production growth amid tightening market conditions.
ScottishPower Renewables & Masdar Mark Major Engineering Milestone at East Anglia THREE Windfarm
ScottishPower Renewables and Masdar have completed foundation installation at the £4 billion East Anglia THREE offshore wind farm off Suffolk, marking a major engineering milestone for the 1.4GW clean energy project.
Sunrun to Supply Voltus with Energy Capacity for AI Hyperscaler Agreements
Sunrun and Voltus announced an agreement to supply energy capacity from residential battery and solar systems to support AI data centers in PJM and MISO grid regions.
Europe’s Banks Are Treating Hydrogen As A Niche, Not An Economy
European banks are treating hydrogen primarily as a niche industrial application rather than a transformative economy-wide solution, with financing flowing only to projects with existing demand like refineries.
Bank of England to stop accepting bonds linked to coal for key loans
The Bank of England will stop accepting bonds linked to thermal coal as collateral for key loans starting in October, marking a significant policy shift welcomed by climate advocates.
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Via: Ignis Products